With retailers like Macy’s, Kmart, Sears, and others closing dozens of stores year after year in a bid to boost their bottom line in the face of sluggish sales, you might think the retail world as a whole is struggling. While a number of big names have indeed seen better day, a few companies are bucking that trend. [More]
While other retailers are busy shutting down stores and trying to figure out how to grab a chunk of that online shopping business, one chain is considering beefing up its bricks-and-mortar presence. TJX Companies Inc., the parent company of TJ Maxx, Marshalls, HomeGoods, and other off-price stores, may open thousands more stores worldwide. [More]
For people who enjoy it, bargain-hunting combines all of the primal fun of hunting with no threat of being trampled by an antelope. That’s why, amid recent fretting that American department stores and malls are doomed, there remains a bright spot in the retail business. TJX, parent company of off-price stores T.J. Maxx, Marshalls, and HomeGoods, reported better-than-expected results this quarter, unlike its department store competitors. [More]
Consumerist readers as well as dedicated outlet and closeout shoppers know that the “compare at” or “manufacturer’s suggested retail price” tags at outlet stores don’t necessarily mean anything. Two occasional TJ Maxx shoppers have now proposed a federal class action lawsuit against the company for false advertising, claiming that the company engages in “deceptive pricing.” [More]
You there, with the bare lips and the TJ Maxx bag binge-watching Scandal online: Did you decide to skip Macy’s and head to an off-price store because you just couldn’t bear to tear yourself away from Netflix and put your face on that day? Macy’s CFO seems to think an aversion to lipstick and millennials’ love of digital content (among other things) is funneling customers away in favor of off-price stores and online shopping, leading to sagging sales.
In another sign that retail companies are re-evaluating the way they pay employees, TJX Cos. – the parent company of stores like T.J. Maxx, Marshalls and HomeGoods – announced it intends to increase hourly wages for worker starting this year.
A woman was shopping at a New Hampshire TJ Maxx with her service dog when the store manager asked her to put the animal in a shopping cart instead of allowing it to walk on the floor. She refused, saying that the dog wouldn’t fit in the cart, and was asked to leave the store. Now she’s taken her story to the media, and TJ Maxx has apologized. [More]
As much as we’d all love to believe that everything we give to our loved ones — and everything we receive from them — this holiday season will be exactly what we want and need, and that it will fit our bodies and/or be compatible with everything we already own. But odds are that a lot of us will be returning at least one thing to a store in the days and weeks after Christmas, so it helps to know retailers’ return policies. [More]
Whenever we hear stories of people finding large sums of money out there a few things come to mind: Who are you people, wandering around with such riches? And also, it’s a good thing there are enough nice people in the world to find your stuff and give it back once you’ve inevitably misplaced your treasures. Like a homeless man in Boston who handed over a backpack containing $41,900 he found at a mall. [More]
When you’re launching a new business, it can be a good idea to keep your day job so you can keep some steady income as well as any benefits you might have. However, you should avoid the worker-to-owner transition that one Brooklyn man made. He allegedly stocked his little store with merchandise that he took off the shelves of the TJ Maxx store where he worked. [More]
It seemed like a gift from the crime gods: as an alleged shoplifter was trying to get away from police, there just happened to be an idling car right outside the nearby abandoned Borders. Police say that he got in and tried to make his getaway…and that’s when he learned that the vehicle had an interlock device meant to check the driver’s alcohol levels before letting the car move. [More]
In mid-December, someone cracked into TJ Maxx’s computer system and stole a huge swath of credit cards.